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TLS & CO

Active
Private limited companyfounded 2016active for 10 yearsVleugelsstraat 60, 1030 Schaarbeek, Belgium14 active companies are registered at this addressKBO/BCE: BE 0649.584.848
Summary

The computed 12-month bankruptcy probability of TLS & CO is 13.8% (high). For TLS & CO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€32,697) and a net result of -€26,753. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 5,975 sector peers (NACE 49, financial year 2023). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

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TLS & COActive
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€119,250total assets 2023
Staff
1.6 FTE
Equity
-€32,697
Loss
-€26,753
Financial health
Bankruptcy probabilitywithin 12 months
13.8%
2023 figures too old to score
Structure
2024 accounts not filed, 450 days past the deadline1 of 8 deeds summarised
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 528 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 12-01-2026)Size: total assets €119,250Two or more financial years not filed2023 accounts filed 528 days latelowers riskFounded in 2016Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 0-18
equity -27.4% of total assets
Liquidity 4-11
short-term debt 127.4% · cash 3.0%
Profitability 0-4
return on assets -22.4%
Bankruptcy probability, 12 months
13.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,095 companies, NACE 49, micro)
Last 24 months 11-2024: 10.3%lowest value 12-2024: 11.1%▲ +0.8 percentage points vs 11-2024 01-2025: 13.6%▲ +2.5 percentage points vs 12-2024 02-2025: 13.6%● unchanged vs 01-2025 03-2025: 13.9%▲ +0.3 percentage points vs 02-2025 04-2025: 12.9%▼ -1.0 percentage point vs 03-2025 05-2025: 12.9%● unchanged vs 04-2025 06-2025: 12.7%▼ -0.2 percentage points vs 05-2025 07-2025: 12.6%▼ -0.1 percentage points vs 06-2025 08-2025: 14.8%▲ +2.2 percentage points vs 07-2025highest value 09-2025: 14.8%● unchanged vs 08-2025highest value 10-2025: 14.8%● unchanged vs 09-2025highest value 11-2025: 14.8%● unchanged vs 10-2025highest value 12-2025: 14.8%● unchanged vs 11-2025highest value 01-2026: 14.8%● unchanged vs 12-2025highest value 02-2026: 13.7%▼ -1.1 percentage points vs 01-2026 03-2026: 14.0%▲ +0.3 percentage points vs 02-2026 04-2026: 12.8%▼ -1.2 percentage points vs 03-2026 05-2026: 12.8%● unchanged vs 04-2026 06-2026: 12.7%▼ -0.1 percentage points vs 05-2026 07-2026: 12.7%● unchanged vs 06-2026 08-2026: 14.6%▲ +1.9 percentage points vs 07-2026 09-2026: 14.4%▼ -0.2 percentage points vs 08-2026 10-2026: 13.8%▼ -0.6 percentage points vs 09-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 528 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 12-01-2026)
NBB · annual accounts
raises risk · Size: total assets €119,250
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2016
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline24-10-2026 today
raises risk · 2023 accounts filed 528 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-01-2026, 528 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
528 days late
2022
282 days late
2021
303 days late
2020
417 days late
2019
133 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 333 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Resignation: SOETEWEY Benoit (director)Appointment: GÜLER Halis (director) ·…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-07-2025 450 days past the deadline View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€32,697 View
  • Caution: Among the weakest 5% on equitysector median €35,361 · 5,990 companies -€32,697 View
  • Caution: 2 loss-making years in a rowloss financial year 2023 -€26,753 View

By topic

Financials

Financial year
2023
Total assets
€119,250
Loss
-€26,753
Solvency
-27.4%
Turnover▼ 19.2%
Net result
20182019
Go to Financials

Timeline

Events
12
Since
2017
  1. 31-12-2023Weakest financial year
  2. 30-05-2023Annual accounts filed
  3. 21-09-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
03-03-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Who signs
Each director alone
Annual meeting
Third Tuesday of June at 19:00
Purpose
“Het nationaal en internationaal vervoer van goederen en andere, langs de weg en taxi; Het…” (deed in Dutch)
Go to Articles of association

Key facts about TLS & CO

What is the company number of TLS & CO?
0649.584.848. In Belgium the VAT number is the company number with BE in front: BE 0649.584.848.
Where is TLS & CO based?
The registered office is at Vleugelsstraat 60, 1030 Schaarbeek.Company details
What does TLS & CO do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TLS & CO?
Private limited company (BV).
When was TLS & CO founded?
On 03-03-2016.
Is TLS & CO still active?
Yes, TLS & CO is an active enterprise in the KBO register.
How many employees does TLS & CO have?
On average 1.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of TLS & CO?
€170,876 in financial year 2019, according to the filed annual accounts.
Is TLS & CO profitable?
In financial year 2023, TLS & CO made a loss of €26,753.
Where can I find the annual accounts of TLS & CO?
TLS & CO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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